Headlines

On and shortly after Liberation Day, economists warned that tariffs would raise prices, snarl supply chains, and cut into economic growth. Prices are higher, certainly, but haven’t skyrocketed. Goods are, despite early…

Government is presently “shut down” for failure of Congress to pass a budget for the start of the fiscal year. It is a relatively rare event, having happened just 21 times previously. Thus, politicians and pundits are…

I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much further to achieve his goals. Lower interest rates can stimulate the economy because a lower cost of borrowing can increase…

Later this week the United Nations will hold a vote on a multibillion-dollar climate change tax targeted squarely at American industry. Without quick and decisive action by the White House, this U.N. tax on fossil fuels will…

This year’s Nobel Prize in Economics recognizes groundbreaking work on how innovation, entrepreneurship, and creative destruction fuel sustained economic growth. The 2025 Sveriges Riksbank Prize in Economic Sciences in Memory…

Several incidents in the COVID pandemic’s first two years forced me to confront the uncomfortable reality that American society had cracked apart, fleeing the comfort and safety of accepted knowns to float untethered from…

By every official measure, the economy seems to be doing well. Personal income, disposable income, and consumption expenditures all increased. GDP growth has been revised upward by both the Bureau of Economic Analysis and the…